currency change account don't convert the initial balance

[Terry Lunn]

Maxime, Not sure if this is the best way to contact you. Love the product, its does everything I need.

The "maybe" bug is in applying a currency with a different exchange rate to an account. The value of the account in the account window is still the foreign currency value - should it not convert to the US$ amount so that the totals are correct? Maybe I'm missing something.

Clarification - If I assign a split and that transaction occurs on a regular basis it would be great to "assign" the split to the new transaction so you don't have to keep putting each line in every time - again I'm probably missing something.

Suggestion - very minor but I think most people import to existing accounts all the time. It would be easier to make this the default rather that having to "change action" every time. I'm all for fewer button presses!!

Sorry if this is all not applicable. I'm a newbie.

[Maxime DOYEN (mdoyen)]

Hey,

1) So you mean you change an account currency and I have forgotten to convert the start balance, I will check, it might !

2) yes, use the templates, and/or scheduled transaction

3) I am rewriting the import and I will take this into consideration for sure
the new import is just a dropdown, but I will try to set a default something or if there is only 1 account to preset it, which at end make sense.

Nop, newbie we were all at a time :D

[Maxime DOYEN (mdoyen)]

1) seems I did indeed !

[Terry Lunn (webonomist)]

Hi Maxime,

Thanks for the quick response. So often, requests such as mine disappear
into a black hole never to be heard of again. I'm just delighted to hear
back from you!

I'm an ex quicken user and if you want chapter and verse on why HomeBank is
so much better for what I want to do, let me know.

Understood on my points 2) and 3).
Frankly I'm not sure how currency should function except we have an
exchange rate already in the system so a conversation should take place
somewhere.

If I open an account in a foreign bank with an exchange rate of say 1.5 to
the base currency - in my case the US Dollar, I think the home page that
effectively shows your net worth, assets, liabilities, bank balances etc.
should all be in the base currency. Otherwise it could be misleading. I
open an account with $10,000 US and it shows I have 15,000 but, this is in
a foreign currency, not my base currency.
But somewhere, maybe the account window itself, I want to know the balance
in the foreign currency so I know if I have enough to buy an item in that
country.

Sorry if this is bit simplistic and ill informed, I would simply like to
help make HomeBank an even better product than it all ready is.

Best Regards

Terry Lunn

On Feb 6, 2018 2:55 PM, "Maxime Doyen" <email address hidden> wrote:

Hey,

1) So you mean you change an account currency and I have forgotten to
convert the start balance, I will check, it might !

2) yes, use the templates, and/or scheduled transaction

3) I am rewriting the import and I will take this into consideration for
sure
the new import is just a dropdown, but I will try to set a default
something or if there is only 1 account to preset it, which at end make
sense.

Nop, newbie we were all at a time :D

--
You received this bug notification because you are subscribed to the bug
report.
https://bugs.launchpad.net/bugs/1746785

Title:
  Clarification and suggestion - maybe a bug

Status in HomeBank:
  New

Bug description:
  Maxime, Not sure if this is the best way to contact you. Love the
  product, its does everything I need.

  The "maybe" bug is in applying a currency with a different exchange
  rate to an account. The value of the account in the account window is
  still the foreign currency value - should it not convert to the US$
  amount so that the totals are correct? Maybe I'm missing something.

  Clarification - If I assign a split and that transaction occurs on a
  regular basis it would be great to "assign" the split to the new
  transaction so you don't have to keep putting each line in every time
  - again I'm probably missing something.

  Suggestion - very minor but I think most people import to existing
  accounts all the time. It would be easier to make this the default
  rather that having to "change action" every time. I'm all for fewer
  button presses!!

  Sorry if this is all not applicable. I'm a newbie.

To manage notifications about this bug go to:
https://bugs.launchpad.net/homebank/+bug/1746785/+subscriptions

[Maxime DOYEN (mdoyen)]

What about Jeff suggest on https://bugs.launchpad.net/homebank/+bug/1645164 ?

Or I could make an option to show the 'Your accounts' section in the base currency and hover the converted maybe (the opposite of what Jeff suggest)

Or just a switch between native / base currency from the gear menu at the bottom

[Terry Lunn (webonomist)]

Hi Maxime

I think what Jeff was looking for was a quick "look see" in a number of
other currencies. That's too general I think. I like your idea better.
Hover over the converted base currency account in the home window and show
the total balance in the foreign currency.

I decided to do some research this time rather than shooting from the hip.
I still have a copy of Quicken 2014 (which I don't use any more) so I
checked, and the account window is in the foreign currency - as you would
expect when downloaded from them using qfx e.g. but the amount spent this
month(year etc.like your circle on the right) is converted to the base
currency and if you run a net worth report, foreign currencies are
converted also. So i still like the idea of the net worth list on tbe left
showing all base currencies.
It looks like updating currencies in Quicken is done when everything is
updated stock prices etc. But I like our simpler method better.
Incidentally when i try to update currencies in HomeBank I get an error.

Update online error
Unacceptable TLS Certificate

Is that a problem at my end?

A Quicken user was asking for each foreign transaction to be calculated at
the rate on that day - like they do with stocks so you could compare the
cost of a item last year say compared to its current price. This would mean
keeping a history of exchange rates. Way too complicated I think. I'm a big
fan of KISS, literally !

Regards

Terry

On Mon, Feb 19, 2018 at 5:43 PM, Maxime Doyen <email address hidden>
wrote:

> What about Jeff suggest on
> https://bugs.launchpad.net/homebank/+bug/1645164 ?
>
> Or I could make an option to show the 'Your accounts' section in the
> base currency and hover the converted maybe (the opposite of what Jeff
> suggest)
>
> Or just a switch between native / base currency from the gear menu at
> the bottom
>
>
> ** Summary changed:
>
> - Clarification and suggestion - maybe a bug
> + balance to show native or in base currency
>
> --
> You received this bug notification because you are subscribed to the bug
> report.
> https://bugs.launchpad.net/bugs/1746785
>
> Title:
> balance to show native or in base currency
>
> Status in HomeBank:
> New
>
> Bug description:
> Maxime, Not sure if this is the best way to contact you. Love the
> product, its does everything I need.
>
> The "maybe" bug is in applying a currency with a different exchange
> rate to an account. The value of the account in the account window is
> still the foreign currency value - should it not convert to the US$
> amount so that the totals are correct? Maybe I'm missing something.
>
> Clarification - If I assign a split and that transaction occurs on a
> regular basis it would be great to "assign" the split to the new
> transaction so you don't have to keep putting each line in every time
> - again I'm probably missing something.
>
> Suggestion - very minor but I think most people import to existing
> accounts all the time. It would be easier to make this the default
> rather that having to "change action" every time. I'm all for fewer
> button presses!!
>
> Sorry if this is all not applicable. I'm a newbie.
>
> To manage notificat...

[Maxime DOYEN (mdoyen)]

for the update currency problem under window see this bug #1730527

[Maxime DOYEN (mdoyen)]

1/ is a bug I will fix

3/ you should use the number detection
see http://homebank.free.fr/help/use-import.html

[Maxime DOYEN (mdoyen)]

1/ after review I do not change any amount
maybe I should ask a change rate and if you want to apply

[Terry Lunn (webonomist)]

Maxime, sorry for the delay in responding.

I think asking if a rate change should be applied would work fine.

Maybe it would help to give an example. Let's say I have a UK bank account
with £10,000 pounds in it (I wish), at todays exchange rate that
represents $ 13,132.20.

On the home page I would like to show the sum of my US bank accounts plus
the $13, 132.2 overseas, so I have a true value of my total liquidity.

In the account itself I should be able to see that the overseas account has
£10,000 so if I add or subtract £s I know what the actual £ value is.

Hope this helps.

Best Regards

Terry Lunn

On Fri, 8 Mar 2019, 5:09 pm Maxime DOYEN, <email address hidden>
wrote:

> 1/ after review I do not change any amount
> maybe I should ask a change rate and if you want to apply
>
> --
> You received this bug notification because you are subscribed to the bug
> report.
> https://bugs.launchpad.net/bugs/1746785
>
> Title:
> currency change account don't convert the initial balance
>
> Status in HomeBank:
> New
>
> Bug description:
> Maxime, Not sure if this is the best way to contact you. Love the
> product, its does everything I need.
>
> The "maybe" bug is in applying a currency with a different exchange
> rate to an account. The value of the account in the account window is
> still the foreign currency value - should it not convert to the US$
> amount so that the totals are correct? Maybe I'm missing something.
>
> Clarification - If I assign a split and that transaction occurs on a
> regular basis it would be great to "assign" the split to the new
> transaction so you don't have to keep putting each line in every time
> - again I'm probably missing something.
>
> Suggestion - very minor but I think most people import to existing
> accounts all the time. It would be easier to make this the default
> rather that having to "change action" every time. I'm all for fewer
> button presses!!
>
> Sorry if this is all not applicable. I'm a newbie.
>
> To manage notifications about this bug go to:
> https://bugs.launchpad.net/homebank/+bug/1746785/+subscriptions
>

[Maxime DOYEN (mdoyen)]

At the end I think we went to the wrong path for exchange rate update which exists since 5.1.
Maybe the problem is that the external exchange rate do not cover all currencies and you might then enter the exchnage rate by yourself. See the doc for details.

[Terry Lunn (webonomist)]

Hi Maxime,

Sorry for the delay in responding.
I'm not sure how the currency rates are updated. Are you
downloading/updating them from a known source?
I see no problem in giving users the option to enter the exchange rates
manually.

I'm sure you know that's not my issue. I just don't know where it's used.
Where do I see how many Canadian dollars or English pounds I have in an
account and is that amount updated automatically, assuming it's not
manually entered.

Hope this helps.

Regards

Terry Lunn

On Wed, Apr 10, 2019, 4:41 AM Maxime DOYEN <email address hidden>
wrote:

> At the end I think we went to the wrong path for exchange rate update
> which exists since 5.1.
> Maybe the problem is that the external exchange rate do not cover all
> currencies and you might then enter the exchnage rate by yourself. See the
> doc for details.
>
>
> ** Changed in: homebank
> Status: New => Invalid
>
> --
> You received this bug notification because you are subscribed to the bug
> report.
> https://bugs.launchpad.net/bugs/1746785
>
> Title:
> currency change account don't convert the initial balance
>
> Status in HomeBank:
> Invalid
>
> Bug description:
> Maxime, Not sure if this is the best way to contact you. Love the
> product, its does everything I need.
>
> The "maybe" bug is in applying a currency with a different exchange
> rate to an account. The value of the account in the account window is
> still the foreign currency value - should it not convert to the US$
> amount so that the totals are correct? Maybe I'm missing something.
>
> Clarification - If I assign a split and that transaction occurs on a
> regular basis it would be great to "assign" the split to the new
> transaction so you don't have to keep putting each line in every time
> - again I'm probably missing something.
>
> Suggestion - very minor but I think most people import to existing
> accounts all the time. It would be easier to make this the default
> rather that having to "change action" every time. I'm all for fewer
> button presses!!
>
> Sorry if this is all not applicable. I'm a newbie.
>
> To manage notifications about this bug go to:
> https://bugs.launchpad.net/homebank/+bug/1746785/+subscriptions
>